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Lloyd’s Insurers Preparing to Cover Ukraine Grain

July 27, 2022

Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to announce their plans shortly, the commercial insurance market’s chairman said on Wednesday.

Russia and Ukraine signed a deal on Friday, brokered by Turkey and the United Nations, to reopen grain and fertilizer exports that have been blocked by war to ease an international food crisis.

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